Coping with a Weather Emergency – Paying Your Mortgage

This is an older BLOG from FTC.gov, but the information is still relevant. If you home or family was affected by Hurricane Harvey, contact your mortgage company immediately to see if your payments can be temporally suspended. As the BLOG states, “If you have a mortgage insured by the FHA (HUD) or VA, you may have additional protections, like a forbearance on the mortgage payments or a period of suspended payments.”

Even if your home is uninhabitable after an extreme weather event, you still have a mortgage. Contact your lender immediately to discuss your options. Your lender may allow a grace period during which it may suspend your mortgage payments.

Mortgage help from FEMA may be available if you face foreclosure proceedings.

If you have a mortgage insured by the FHA (HUD) or VA, you may have additional protections, like a forbearance on the mortgage payments or a period of suspended payments.